Why April 2018 Was A Great Month For Crypto

T.S. Eliot might have been right about April being the cruelest month but it was a great one for cryptocurrency markets. 

At the start of April 2018, the overall market capitalization for cryptocurrencies was hovering at $263 billion and there were ominous rumblings that bitcoin, the original coin that accounts for the largest chunk of trading volume in cryptocurrency markets, was nearing a bottom. The drawdown in prices was a contagion that spread from bitcoin to other cryptos. Ether crashed below $400 to hit its lowest price since November and Ripple, the third most valuable cryptocurrency, also flirted with historical declines. Tax-related selloffs by traders contributed to the pressure. 

Lees hier verder.